INTERSEROH SE, the holding company of the listed environmental services provider and raw materials trader Interseroh, is getting a new name. In today's general meeting in Cologne, shareholders voted with an overwhelming majority in favour of a relevant proposal to change the company's statutes. After this, INTERSEROH SE will be listed under the name of ALBA SE on the stock markets (Frankfurt, Dusseldorf, etc.). After this general meeting's agreement, all that is left is to enter the name change into the commercial register as a final effectiveness criterion. The application for this will be submitted to the relevant registry court immediately after today's decision in the general shareholders’ meeting.
Rebranding INTERSEROH SE to ALBA SE is being done to clarify its function as an intermediate holding company within the ALBA Group. After the control and profit transfer agreement which came into effect last year between INTERSEROH SE and the ALBA Group plc & Co. KG as the controlling organisation, the strategy of the two brands – ALBA and Interseroh – will continue to be implemented under the umbrella of the ALBA Group. Thus, the ALBA-brand stands for the operational disposal and recycling services, whereas the Interseroh-brand stands for the organisation of innovative environmental services and recycling solutions as a general contractor.
Dr Axel Schweitzer, Chairman of the Board of Directors of INTERSEROH SE and CEO of ALBA Group plc & Co. KG: "In order to continue following the two-brand strategy, we will gradually rebrand the operational steel and metal companies in the ALBA Group and move them under the ALBA-brand. This does not change their legal affiliation, which stays under the renamed holding company ALBA SE."
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